Excellent income-producing quadplex ideal for investors or owner-occupants. This well-maintained property offers strong returns with a 7.9% cap rate and an 11.4 GRM, located in a city with no local rent control: over $6500 monthly rental income and potential for much more. The desirable unit mix includes two 2-bedroom/1-bath units… Read More and two 1-bedroom/1-bath units. Several units feature upgrades such as dual-pane windows, electrical subpanels, interior paint, updated water heaters, and renovated kitchens and bathrooms. Major improvements include a new sewer line to the street, providing added value and peace of mind. Solid cash flow with minimal deferred maintenance makes this a strong long-term investment. Read Less
Property listed by Coldwell Banker Realty, Qubie Vazquez 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.09 Acres
Year Built
1954
MLS Number
SB26070955
Additional Details
Building
Built in 1954, 1 building, 2 stories, Levels: Two, Entry level: 2, Entry location: South
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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